Missouri Revised Statutes













Chapter 369

Savings and Loan Associations

←369.049

Section 369.054.1

369.059→

August 28, 2015

Office, location of--approval to establish or move, when--closing a branch office, notice.

369.054. Without the prior approval of the director of the division of

finance, as provided in sections 369.010 to 369.369, no association shall

establish any office other than its home office. An association may move an

office which has been operated at its present location two years not more

than one mile without approval of the director of the division of finance.

Any other office relocation shall be subject to such regulations as the

director of the division of finance may prescribe. An association shall

notify the director not less than sixty days, or in the case of emergency, as

early as circumstances permit, before closing a branch office.



(L. 1971 S.B. 3 § 10, A.L. 1983 H.B. 570, A.L. 1994 H.B. 1165)



Effective 7-6-94







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